Essays on the Great Depression

4.11 - 1251 ratings - Source

Few periods in history compare to the Great Depression. Stock market crashes, bread lines, bank runs, and wild currency speculation were worldwide phenomena--all occurring with war looming in the background. This period has provided economists with a marvelous laboratory for studying the links between economic policies and institutions and economic performance. Here, Ben Bernanke has gathered together his essays on why the Great Depression was so devastating. This broad view shows us that while the Great Depression was an unparalleled disaster, some economies pulled up faster than others, and some made an opportunity out of it. By comparing and contrasting the economic strategies and statistics of the world's nations as they struggled to survive economically, the fundamental lessons of macroeconomics stand out in bold relief against a background of immense human suffering. The essays in this volume present a uniquely coherent view of the economic causes and worldwide propagation of the depression.Depression-Era Aggregate Supply Relationships: New Estimates The
shortcomings of the E-S evidence described above lead us to ... sample. A. The
Output Supply Equation For estimation purposes we replace NOMINAL WAGE
STICKINESSanbsp;...

Title

:

Essays on the Great Depression

Author

:

Ben S. Bernanke

Publisher

:

Princeton University Press - 2009-01-10

ISBN-13

:

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.